Video: Stupidity of Energy Policy. Politicians say we can't afford $1.8 billion for a clean coal pilot plant or $1.4 billion to subsidize solar power. When oil imports cost $1.3 billion a day, that's just stupid, says Jim Jubak.
"I don't care if you're a Green and want solar cells on every rooftop or whether you believe that the US should burn its most abundant energy source, coal, in order to cut our dependence on foreign oil. I don't care what you want. It's hard from either of those perspectives to say the government policy toward energy is anything but - what's that word? - STUPID.
"Here's what's happening right now and I think movements on both of these fronts add up to stupidity. The US government had a pilot project to look into burning coal more cleanly and see whether you could actually inject the CO2 that resulted underground. It was called FutureGen. In January 2008, however, the government pulled it's funding. The argument was that this project was too expensive..."
